Nvidia executives have sold over $1 billion worth of company shares in the past year, with over $500 million of those sales happening in June alone.
This wave of selling comes as the chipmaker’s stock hits record highs, driven by investor enthusiasm surrounding artificial intelligence.
According to filings with the U.S. Securities and Exchange Commission, CEO Jensen Huang resumed selling shares this week, marking his first sales since September.
The transactions were reported just as Nvidia reclaimed the title of the world’s most valuable company.
An analyst’s note describing Nvidia’s opportunity as a “Golden Wave” of AI has further propelled market interest in the firm.
AI Enthusiasm Fuels Market Rally
Nvidia’s rise reflects a broader trend on Wall Street, as AI-linked companies experience renewed interest.
The firm’s graphics processing units (GPUs) are considered foundational to AI infrastructure, placing it at the forefront of investor attention.
As the AI narrative regains momentum, Nvidia has become a prime beneficiary of investor confidence in the sector’s long-term potential.
Mixed Reactions to Insider Sales
While insider sales are not uncommon, especially when stock prices soar, the scale of the recent transactions has raised questions.
Some analysts interpret the moves as normal profit-taking, while others caution they may reflect internal concerns about sustaining growth.
Nvidia has not commented on the Financial Times report outlining the sales, and Reuters has not yet independently confirmed the figures.
Stock Recovers from Tariff-Driven Dip
Nvidia shares have bounced back by over 60% since April 4, when markets briefly slumped following tariff-related announcements by former President Donald Trump.
The broader U.S. stock market has since stabilized, with expectations that diplomatic solutions will ease trade tensions.
This recovery, alongside the surge in AI interest, has lifted Nvidia’s market cap and bolstered investor sentiment.